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Technology Stocks : GTE -- Ignore unavailable to you. Want to Upgrade?


To: ricky who wrote (599)11/2/1998 8:20:00 PM
From: Cytokine1  Read Replies (1) | Respond to of 671
 
Merger Facts:

[] Merger of equals
[] Chuck Lee and Ivan Seidenberg will share mgmt responsibility--
Lee as Chairman, Seidenberg as President and co-CEO.
[] Headquarters in NYC
[] GTE shareholders will receive 1.22 shares of Bell Atlantic stock
for each share owned.
[] New board of directors will have equal numbers designated by GTE
and Bell Atlantic.
[] Name of new company not decided.

GTE BA Combined
Revenues 23B 30B 53B
Acc Lines 22.3M 40.8M 63M (domestic)
Acc Lines 6.1M 4.3M 10,4M (international)
Wireless 4.6M 6M 10.6M (wireless customers domestic)
Wireless 1.2M 1.3M 2.5M (wireless customers international)
Employees 114,000 143,500 257,500

bellatlantic.com

gte.com



To: ricky who wrote (599)1/18/1999 4:15:00 PM
From: ricky  Read Replies (1) | Respond to of 671
 
GTE and BEL will report good earnings for the quarter (again).

Regards
Ricky